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West Fraser Timber Co (WFG) Gets a Buy from RBC Capital
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West Fraser Timber Co (WFG) Gets a Buy from RBC Capital

In a report released today, Matt McKellar from RBC Capital reiterated a Buy rating on West Fraser Timber Co (WFGResearch Report), with a price target of $97.00. The company’s shares closed yesterday at $86.79.

McKellar covers the Basic Materials sector, focusing on stocks such as West Fraser Timber Co, Clearwater Paper, and Mercer International. According to TipRanks, McKellar has an average return of 8.2% and a 65.85% success rate on recommended stocks.

Currently, the analyst consensus on West Fraser Timber Co is a Strong Buy with an average price target of $97.81.

The company has a one-year high of $89.57 and a one-year low of $63.66. Currently, West Fraser Timber Co has an average volume of 123.3K.

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West Fraser Timber Co (WFG) Company Description:

West Fraser Timber Co. Ltd. is an integrated wood products company. Its products include lumber, wood chips, plywood, pulp and newsprint. Its products include Spruce-Pine-Fir, laminated veneer, and southern yellow pine lumber, medium density fiberboard, plywood, treated wood, pulp and paper. The firm operates through the following segments: Lumber, Panels, Pulp and Paper, and Intracompany Fibre Sales. The company was founded by Henry Holman Ketcham Jr., Samuel Kendall Ketcham, and William Peters Ketcham in 1955 and is headquartered in Vancouver, Canada.

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